Archived News

10/02/2025 (Bernama), Kuala Lumpur - Malaysia’s palm oil exports in January 2025 slipped 12.94% to 1.17 million tonnes from 1.34 million tonnes in December 2024, according to the Malaysian Palm Oil Board (MPOB).

10/02/2025 (Reuters), Kuala Lumpur - Malaysian palm oil futures rose for the fourth straight session on Monday, after data from the industry regulator showed a decline in the country's stocks and expectations of improving demand added to market's bullish sentiment.

11/02/2025 (Brownfield) - Soybeans were lower on profit taking and technical selling. The USDA left 2024/25 U.S. ending stocks unchanged, while the production guess for Argentina was down and there was no change for Brazil. The USDA did lower its outlook for Paraguay’s crop but left exports steady. Imports by China held at 109 million tons. AgRural says 15% of Brazil’s soybean crop has been harvested, compared to 23% a year ago. CONAB’s updated numbers for Brazil are out Thursday, while the USDA’s next round of supply, demand, and production projections is out March 11th. Soybean meal was lower and bean oil was higher on the adjustment of product spreads, with no adjustments to the domestic balance sheets. Globally, the changes for soybean meal were modest, the USDA did raise the export guess for Brazil, while leaving Argentina unchanged. World soybean oil stocks were unchanged and production was slightly higher on an increase for Brazil.

11/02/2025 (Euro Weekly News), - Spain, the world’s largest producer of olive oil, has seen a significant drop in prices, with costs falling by 55 per cent in the past year, according to The Spanish Ministry of Agriculture.

07/02/2025 (Reuters), Kuala Lumpur - Malaysian palm oil futures closed higher on Friday, logging a third straight week of gains, supported by a weaker ringgit, anticipated Ramadan demand and seasonal production declines.

07/02/2025 (Bernama), Kuala Lumpur - The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives closed higher on Friday, with the April 2025 benchmark contract surpassing RM4,500 per tonne, driven by concerns over weak output and anticipated demand ahead of Ramadan.

08/02/2025 (The Star), Jakarta, Xinhua - Indonesia's state oil and gas firm, PT Pertamina, has supported and implemented the government's clean energy programme by adopting B40 biodiesel fuel for its ships, an official has announced.

08/02/2025 (Pattaya Mail), Bangkok, Thailand - The government is drafting new legislation to safeguard palm oil farmers, ensuring fair income distribution and job security as the industry faces upcoming policy shifts. The move comes in response to the planned termination of biodiesel price subsidies by 2026, a decision that could significantly impact farmers and industry stakeholders. The proposed law aims to create a sustainable market framework for palm oil producers while preventing potential economic disruptions.

07/02/2025 (Mobility Plaza) - Customers are now able to dispose of used cooking oil and receive a voucher to use at the six stores equipped with collection points.

09/02/2025 (Daily Sun) - The Bangladesh Trade and Tariff Commission has assured the public that there will be no shortage of edible oil during the upcoming Ramadan.

06/02/2025 (New Straits Times), Kuala Lumpur - Malaysian palm oil futures ticked up for a second straight session on Thursday, supported by expectations of a decline in production, though a lack of demand from key importing countries limited the gains.

06/02/2025 (Indonesia Business Post) - The Indonesian Palm Oil Association (GAPKI) says that Indonesia needs to have extended oil palm plantations to meet the needs of the mandatory program of mixing fuel oil (BBM) and biofuel (BBN) by 50 percent or B50 up to B100.